Grupo Embotellador Atic S.L. 'BB' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable - S&P Global Ratings’ Credit Research

Grupo Embotellador Atic S.L. 'BB' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable

Grupo Embotellador Atic S.L. 'BB' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable - S&P Global Ratings’ Credit Research
Grupo Embotellador Atic S.L. 'BB' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable
Published Nov 05, 2012
1089 words — Published Nov 05, 2012
Price US$ 150.00  |  Buy this Report Now

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Abstract:

MEXICO CITY (Standard&Poor's) Nov. 5, 2012--Standard&Poor's Ratings Services said today that it affirmed its 'BB' issuer credit rating on Grupo Embotellador Atic S.L. (Grupo Atic). The outlook remains stable. At the same time, Standard&Poor's affirmed its 'BB' issue rating on the company's senior unsecured debt following the proposed reopening of the notes, which were first launched in May 2012. Under the proposed reopening, the outstanding bond principal could increase to US$450 million. The notes are scheduled to mature on May 14, 2022, and carry a fixed coupon rate of 6.5%. "The ratings on Grupo Atic reflect our assessment of the company's fair business risk profile, significant financial risk profile, and adequate liquidity," said Standard

  
Brief Excerpt:

RESEARCH Grupo Embotellador Atic S.L. '##' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable Publication date: 05-Nov-2012 Primary Credit Analyst: Luis Manuel Martinez, Mexico City (52) 55-5081-4462; luis_martinez@standardan...

  
Report Type:

Ratings Action

Ticker
6856797Z@SM
Issuer
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
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MLA:
S&P Global Ratings’ Credit Research. "Grupo Embotellador Atic S.L. 'BB' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable" Nov 05, 2012. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Grupo-Embotellador-Atic-S-L-BB-Ratings-Are-Affirmed-Following-Proposed-Bond-Reopening-Outlook-Remains-Stable-1031840>
  
APA:
S&P Global Ratings’ Credit Research. (). Grupo Embotellador Atic S.L. 'BB' Ratings Are Affirmed Following Proposed Bond Reopening; Outlook Remains Stable Nov 05, 2012. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Grupo-Embotellador-Atic-S-L-BB-Ratings-Are-Affirmed-Following-Proposed-Bond-Reopening-Outlook-Remains-Stable-1031840>
  
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